The Proletarianization of Palestinians in Israel (ص 258)

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Title
The Proletarianization of Palestinians in Israel (ص 258)
content
98.
99,
100,
101.
102.
103.
104,
105.
106.
107,
258
Capital Flow into Palestine, 1919-1939 (millions of bP)
Source Magnitude
Immigrants 75
Jewish Funds (philanthropic) 20
Christian and Moslem Funds 6
Foreign Investment 28
Total: 129
Capital brought in by immigrants, accounting for 60 percent of the
total, reached its peak of bP 10 million in 1935, the year of great—
est total immigration and a year in which immigrants came dominantly
from Central Europe. In subsequent years, the imposition of "high
political level" principle of immigration policy and the increased
restrictions on the export of capital from Germany, had severely re-
duced the inflow of capital from this source.
Foreign investments in the Consolidated Refineries, Palestine Electric,
Palestine Potash, Nesher Cement, etc., showed remarkable increase in
the late 1930s and all during the Second World War, for reasons noted
earlier.
Merhav, p. 103, quoted by Lockman, op.cit., p. 6.
Esco, Vol. II, op.cit., p. 1165.
Peretz Merhav, Toldot Tru'at Hapo'alim Be-Eretz Yestra'el (History of
the Workers’ Movement in Eretz-Yesrael), Merhavia, 1967, p. 37, quoted
by Z. Lockman, op.cit., p. 4.
Lockman, ibid., p. 4.
Ibid.
Merhav, op.cit., p. 128, quoted in ibid.
Ha'aretz, November 15, 1969, quoted in Arie Bober, ed., The Other Is-
rael: The Radical Case Against Zionism (Garden City, New York, 1972),
p. 12,
Esco, Vol. II, op.cit., p. 1169,
Efarim Orni, Agrarian Reform and Social Progress in Israel, Jerusalem;
Keren Kayemeth Leisrael, 1972, p. 64, cited by Noam Chomsky, "Israel
and the Palestinians," in Socialist Revolution, June, 1975, p, 73.
The actual economic ownership which is different from legal ownership
(which signifies possession only) was left vague, both in terms of the
owner and the form of relation or appropriation (feudal, capitalist,
etc.).
Date
1978
Creator
Najwa Hanna Makhoul

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